Ian Watt: Hi good afternoon it’s Ian Watt in Downtown Vancouver. In regards to the last video blog I did regarding the Bank of Montreal, RBC etc., 2.99 ten year fixed rate something that I found interesting when I dug a little deeper is that I was thinking most people don’t live in their places for ten years probably four to five years. So what happens if you break that mortgage if you’re trying to get out of the mortgage earlier and I spoke with somebody at RBC and they said depending on the mortgage amount but say it’s a six hundred thousand dollar mortgage broken in the first three years. The penalty for that would be approximately fifty thousand dollars. Fifty - five zero. Fifty thousand dollars to break the mortgage which is crazy. So anyways if you were going to get a ten year fixed make sure you gonna live there for a long time because a whole lot of life can happen in ten years time. My name is Ian Watt and if you have any questions you can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!